Economic and business relations between Cyprus and Austria, dating back six decades, could be enhanced and expanded to cover more fields, an economic forum addressed by the Austrian President Heinz Fischer, in Nicosia, showed on November 4.
The Cyprus-Austria Economic Forum was organised by the Cyprus Chamber of Commerce and Industry (CCCI) and Advantage Austria, Austria’s official international business promotion service, on the occasion of President Fischer’s official visit to Cyprus.
Addressing the Forum, President Fischer elaborated on the “chances and possibilities and good preconditions for intensifying our economic cooperation in the interest of both sides”. According to the Cyprus News Agency, he said that Austria and Cyprus, “have many things in common and have good prerequisites”, noting that the two countries are both part of the European culture, they both stand for European values, both of them are democracies and have complicated history.
CCCI President Phidias Pilides noted that Cyprus and Austria have numerous common objectives and goals, stressing that to date, the trade relations between the two countries are satisfactory, but given the excellent political and friendly relations, they can expand to much higher levels. Pilides further mentioned that the cooperation between Cyprus and Austria can be extended and cover, apart from energy, other areas as well, such as tourism, industry, technology and innovation.
Secretary General of the Austrian Federal Economic Chamber (WKO) Anna Maria Hochhauser stressed that “Cyprus and Austria have been economic partners for decades and there is great potential for further increasing our trade and relations”. She finally noted that Austrian companies have proven to be reliable partners for the Cyprus economy.
The Cyprus-Austria Economic Forum was organised by the Cyprus Chamber of Commerce and Industry (CCCI) and Advantage Austria, Austria’s official international business promotion service, on the occasion of President Fischer’s official visit to Cyprus.
Addressing the Forum, President Fischer elaborated on the “chances and possibilities and good preconditions for intensifying our economic cooperation in the interest of both sides”. According to the Cyprus News Agency, he said that Austria and Cyprus, “have many things in common and have good prerequisites”, noting that the two countries are both part of the European culture, they both stand for European values, both of them are democracies and have complicated history.
CCCI President Phidias Pilides noted that Cyprus and Austria have numerous common objectives and goals, stressing that to date, the trade relations between the two countries are satisfactory, but given the excellent political and friendly relations, they can expand to much higher levels. Pilides further mentioned that the cooperation between Cyprus and Austria can be extended and cover, apart from energy, other areas as well, such as tourism, industry, technology and innovation.
Secretary General of the Austrian Federal Economic Chamber (WKO) Anna Maria Hochhauser stressed that “Cyprus and Austria have been economic partners for decades and there is great potential for further increasing our trade and relations”. She finally noted that Austrian companies have proven to be reliable partners for the Cyprus economy.